|12242017||Faculty of Engineering, Built Environment and Information Technology||Department: Construction Economics|
|Minimum duration of study: 1 year||Total credits: 126||NQF level: 08|
Consult General Regulations G.16 to G.29 and G.54.
A student is required to attend lectures diligently, but in addition the student must complete a compulsory non-credit bearing module (CWE 700) comprising a minimum of 240 hours of temporary employment with a suitable employer in the construction industry/built environment (registered quantity surveyor, contractor, developer, property owner, etc.). As proof of the practical experience the student must submit an approved log book signed by the employer.
Note: An equivalent qualification is regarded as one that the South African Council for the Quantity Surveying Profession regards as acceptable for registration as a candidate quantity surveyor and for eventual registration as a professional quantity surveyor
Selection is based on an applicant's academic record and experience. Applicants may be required to attend an interview and/or write an entrance examination.
A minimum semester/year mark of 40% is required in order to be admitted to the examination in a specific module. In addition, all other examination admission requirements, applicable to the relevant module, must have been met. To pass a module a final mark of 50% is required.
No supplementary examinations are granted at postgraduate level.
No special examinations are granted at postgraduate level.
The degree is awarded when all prescribed modules have been passed.
The degree is conferred with distinction if students registered for the degree for the first time, complete the degree within the minimum prescribed time and pass all modules with a weighted average of 75%.
Minimum credits: 126
Estimation of building costs – principles and process; elements of a price; rough quantities and inclusive quantities (elemental and builders’ quantities) for estimating; estimating methods; pricing of various trades and preliminaries; analysis of building cost; building cost escalation; design cost management.
Construction Procurement Guidelines; standards for uniformity; contract administration; project administration; conditions of appointment and fee accounts; consortiums; tendering for professional services; professional indemnity; Public Private Partnerships; Quantity Surveying Professions Act; Council for the Built Environment Act; CIDB Act.
Construction Industry Development Board Act (CIDB Act), Public Finance Management Act (PFMA), Municipal Finance Management Act (MFMA) and Preferential Procurement Policy Framework Act (PPPFA).
An essay on a subject approved by the Head of Department should be handed in during the final year of study.
This is a compulsory 240-hour work experience module that requires the submission of a signed logbook to record and confirm the hours worked in the construction industry.
Overview of factors affecting the feasibility of proposed property developments, including a brief introduction to town planning, valuation, financing, marketing and investment principles.
Financial viability studies of different types of property developments; value management and life-cycle costing.
Measuring of demolitions, alterations, advanced earthworks and mechanical services. Preliminaries, types of bills of quantities and compilation of bills of quantities including the application of the procurement prescripts of the Construction Industry Development Board in the Public Sector. Geotechnical and civil engineering works.
Entrepreneurship, strategic management, business ethics, effective business management. Attention is paid to the built environment practitioner in this context.
Application and terms of CIDB endorsed standard construction contracts such as GCC, NEC and FIDIC; case studies. Alternative dispute resolution: mediation, adjudication and arbitration; litigation - an overview; law of delict; negligence and damage to property.
Fundamentals to project management in the building and property industry. Key processes, knowledge areas and techniques are covered.
Introduction to scientific research. Planning and preparation of a research proposal with implementation of research methodologies.
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